WGU C211 OA EXAM QUESTIONS WITH
CORRECT ANSWERS 2026
view S that S claims S phenomenon S of S globalization S was S initially S driven S by S the S desire S of
S Western S econo Smies S to S exploit S their S power S through S MNE's S - S CORRECT S ANSWER S -
new
view S that S claims S globalization S is S a S long-
run S historical S evolution S since S the S dawn S of S humanity. S Says S it S is S nothing S new S and
S that S it S will S always Sexist S - S CORRECT S ANSWER S -evolutionary
view S that S claims S globalization S is S swinging S from S one S extreme S to S another S from S time S to
S time S -
CORRECT S ANSWER S -pendulum
investment S in, S controlling, S and S managing S value-added S activities S in S other S countries S -
CORRECT S ANSWER S -foreign S direct S investment
political S view S hostile S to S FDI. S believes S it S is S an S instrument S of S imperialism S and S vehicle
S for S exploitation Sof S domestic S resources S by S foreign S capitalists S and S firms S - S CORRECT
S ANSWER S -radical
suggests S that S FDI, S unrestricted S by S government S intervention, S will S enable S countries S to
S tap S into S their Sabsolute S or S comparative S advantages S by S specializing S in S the S production
S of S certain S goods S and S services
- S CORRECT S ANSWER S -free S market
views S FDI S as S having S pros S and S cons S and S only S approving S FDI S when S its S benefits S outweigh
S costs S -
CORRECT S ANSWER S -pragmatic S nationalis
,what S benefits S exist S to S a S country S receiving S FDI? S - S CORRECT S ANSWER S -
capital S inflow, S technology S spillovers, S advanced S management S know-how, S creates S jobs
what S costs S exist S to S a S country S receiving S FDI? S - S CORRECT S ANSWER S -
loss S of S sovereignty, S adverse S effects S on S competition, S net S outflow S in S the S capital S account
The S aggregation S of S importing S and S exporting S that S leads S to S the
S country- Slevel S trade S surplus S or S deficit. S - S CORRECT S ANSWER
S -balance S of S trade
, firms S with S a S Sdegree S of S resource S similarity S are S likely S to S have S similar S competitive
S actions S -
CORRECT S ANSWER S -high
a S high S degree S of S resource S similarity S but S low S market S commonality S = S Sintensity S of
S rivalry S -
CORRECT S ANSWER S -highest
little S resource S similarity S but S high S market S commonality S = S Sintensity S of S rivalry S -
CORRECT S ANSWER S -lowest
mercantilism, S absolute S advantage S and S comparative S advantage S belong S to S what S theory S of
S internation Sal S trade S - S CORRECT S ANSWER S -classical
theory S of S international S trade S that S relies S on S more S realistic S product S life S cycles S and S first
S mover S advant Sages S - S CORRECT S ANSWER S -modern
under S free S trade, S a S nation S gains S by S specializing S in S economic S activities S in S which S it
S has S advanta
Sge S - S CORRECT S ANSWER S -absolute
focuses S on S the S idea S that S if S a S country S does S not S have S absolute S advantage, S they S can
S still S choose S to S s Specialize S in S the S production S of S one S good S where S it S has S
Sadvantage S - S CORRECT S ANSWER S - Scomparative
comparative S advantage S and S absolute S advantage S stem S from S - S CORRECT
S ANSWER S - Sfactor S endowments
theory S that S the S wealth S of S the S world S is S fixed S and S that S a S nation S that S imports S more
S and S exports S less Swill S be S richer S - S CORRECT S ANSWER S -mercantilism
stage S of S the S product S life S cycle S where S production S of S a S new S product S that S commands
S a S price S premiu Sm S will S concentrate S in S the S US S - S CORRECT S ANSWER S -new
CORRECT ANSWERS 2026
view S that S claims S phenomenon S of S globalization S was S initially S driven S by S the S desire S of
S Western S econo Smies S to S exploit S their S power S through S MNE's S - S CORRECT S ANSWER S -
new
view S that S claims S globalization S is S a S long-
run S historical S evolution S since S the S dawn S of S humanity. S Says S it S is S nothing S new S and
S that S it S will S always Sexist S - S CORRECT S ANSWER S -evolutionary
view S that S claims S globalization S is S swinging S from S one S extreme S to S another S from S time S to
S time S -
CORRECT S ANSWER S -pendulum
investment S in, S controlling, S and S managing S value-added S activities S in S other S countries S -
CORRECT S ANSWER S -foreign S direct S investment
political S view S hostile S to S FDI. S believes S it S is S an S instrument S of S imperialism S and S vehicle
S for S exploitation Sof S domestic S resources S by S foreign S capitalists S and S firms S - S CORRECT
S ANSWER S -radical
suggests S that S FDI, S unrestricted S by S government S intervention, S will S enable S countries S to
S tap S into S their Sabsolute S or S comparative S advantages S by S specializing S in S the S production
S of S certain S goods S and S services
- S CORRECT S ANSWER S -free S market
views S FDI S as S having S pros S and S cons S and S only S approving S FDI S when S its S benefits S outweigh
S costs S -
CORRECT S ANSWER S -pragmatic S nationalis
,what S benefits S exist S to S a S country S receiving S FDI? S - S CORRECT S ANSWER S -
capital S inflow, S technology S spillovers, S advanced S management S know-how, S creates S jobs
what S costs S exist S to S a S country S receiving S FDI? S - S CORRECT S ANSWER S -
loss S of S sovereignty, S adverse S effects S on S competition, S net S outflow S in S the S capital S account
The S aggregation S of S importing S and S exporting S that S leads S to S the
S country- Slevel S trade S surplus S or S deficit. S - S CORRECT S ANSWER
S -balance S of S trade
, firms S with S a S Sdegree S of S resource S similarity S are S likely S to S have S similar S competitive
S actions S -
CORRECT S ANSWER S -high
a S high S degree S of S resource S similarity S but S low S market S commonality S = S Sintensity S of
S rivalry S -
CORRECT S ANSWER S -highest
little S resource S similarity S but S high S market S commonality S = S Sintensity S of S rivalry S -
CORRECT S ANSWER S -lowest
mercantilism, S absolute S advantage S and S comparative S advantage S belong S to S what S theory S of
S internation Sal S trade S - S CORRECT S ANSWER S -classical
theory S of S international S trade S that S relies S on S more S realistic S product S life S cycles S and S first
S mover S advant Sages S - S CORRECT S ANSWER S -modern
under S free S trade, S a S nation S gains S by S specializing S in S economic S activities S in S which S it
S has S advanta
Sge S - S CORRECT S ANSWER S -absolute
focuses S on S the S idea S that S if S a S country S does S not S have S absolute S advantage, S they S can
S still S choose S to S s Specialize S in S the S production S of S one S good S where S it S has S
Sadvantage S - S CORRECT S ANSWER S - Scomparative
comparative S advantage S and S absolute S advantage S stem S from S - S CORRECT
S ANSWER S - Sfactor S endowments
theory S that S the S wealth S of S the S world S is S fixed S and S that S a S nation S that S imports S more
S and S exports S less Swill S be S richer S - S CORRECT S ANSWER S -mercantilism
stage S of S the S product S life S cycle S where S production S of S a S new S product S that S commands
S a S price S premiu Sm S will S concentrate S in S the S US S - S CORRECT S ANSWER S -new